ANNOUNCEMENT 19 Feb 2021

Pakistan has exempted the imports of white sugar from local taxes such as sales tax and VAT.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 19 Feb 2021 | Removal date: 30 Jun 2021

Internal taxation of imports

On 19 February 2021, Pakistan's Ministry of Finance, Economic Affairs, Statistics, and Revenue through SRO 215(I)/2021 exempted the imports and subsequent supply of 500,000 metric tons of white sugar by the Trading Corporation Pakistan from sales tax applicable at 17% and from the minimum value-added tax (VAT) applicable at 3%. Further, imports of white sugar by commercial importers will also be exempt from the minimum VAT of 3% until 30 June 2021.

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